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Press Release27 November 2015Mumbai
Siemens Ltd. announces FY2015 results; Growth in Revenue & Profits
For Q4 of the Financial Year 2015 ended September 30, 2015, Siemens Ltd. announced a growth in Profit after tax before exceptional items by 13.5 % to Rs. 173.0 crore compared to Rs. 152.5 crore for Q4 of FY 2014.
In Q4 2014, revenue from discontinued operations amounted to Rs. 197.7 crore and exceptional items amounted to Rs. 366.5 crore.
Consequently, revenue growth from continuing operations in Q4 2015 is 10.9% and growth in Profit after tax before exceptional items by 13.5%.
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Ltd., said, "While we have seen an increase in Public Sector orders in the Railway and Energy Transmission businesses, we are yet to see increased ordering by other Government and Public Sector agencies. Private Sector Capex spending is also negligible across all Verticals. Under these conditions, our results can be considered as satisfactory. We await an increase in demand by both Government/Public and Private Sectors in order for us to realize our full potential."
The Board of Directors of the Company has recommended a Dividend of Rs. 6 per share, and a Special Dividend of Rs. 4 per share (in view of the large exceptional income during the year), which amounts to a Payout of 36% for the financial year ended September 30, 2015.
For this press release
Contact
Bijesh Kamath
Siemens Ltd., Media Relations
phone: +91 22 3967 7537, 3967 7000